LUM lumacom limited
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Appointment of a new member???As for a cheap shell. They now...

  1. Rifici
    2,239 Posts.
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    13/08/08
    13:33
    Post #: 4105457
    Appointment of a new member???

    As for a cheap shell. They now have a market cap of around $6.3mill. Take out LUM's cash of around $1.5mill and the shell is worth around $4.8mill? And they haven't bought anywhere near enough shares to be able to takeover or get control of LUM yet. Getting a bit pricey IMO but let's hope I'm wrong.

    Still can't work out the desire for LUMO's yet.
    LUM Price at posting: 0.0¢ Sentiment: Hold Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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